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The Latest Breaking News from Rachel Reeves

Budget 2024: How could Labour find £40bn in taxes and cuts?

Labour has prepared the country for a “painful” fiscal event

The Independent UK

Keir Starmer denies fiscal fiddling will trigger Truss-style mortgage hikes

KEIR Starmer has said he does “not accept” that Labour efforts to fiddle borrowing rules will result in Liz Truss-style mortgage hikes.

The National (Scotland)

Local services to get £240m funding boost to ‘get Britain working’

Sir Keir Starmer said the Budget would allocate £240 million to local services to get people back into work.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

From tax cuts to breaking the economy: five UK budgets that made a difference

As Rachel Reeves prepares to unveil her measures, we look at how five of her predecessors broke the mould

The Guardian - UK

Voices: When Rachel Reeves delivers her Budget today, please don’t talk about what she’s wearing

COMMENT: Can we please all keep our eyes firmly on our first female chancellor’s fiscal cuts rather than her physical appearance? Not likely, says Claire Cohen

The Independent UK

Bus fare cap of £2 to increase to £3 in Budget, Starmer announces

The increase will be announced at Rachel Reeves’ first Budget on Wednesday.

Evening Standard

£2 bus fare cap to increase to £3 in Budget, Starmer announces

The increase will be announced at Rachel Reeves’ first Budget on Wednesday.

The Independent UK

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Budget 2024: Prime Minister defends 'tough' tax rises as he vows £240m to get people back into work

Sir Keir Starmer said Chancellor Rachel Reeves’ Autumn Statement will seek to get Britain out of a ‘pay more get less doom loop’

Evening Standard

£240m in Budget for local services to help people back into work, Starmer says

Chancellor Rachel Reeves will deliver her first Budget on Wednesday.

Evening Standard

British firms with a combined £2.6 billion in revenue are considering fleeing the country, fearing fresh tax hikes in the budget

Rachel Reeves will announce the highly anticipated budget on Wednesday, expected to include tax hikes for high-earners, employers, and entrepreneurs.

Fortune

Watch: Starmer warns Britain faces ‘unprecedented challenges’ ahead of Budget

Watch as Sir Keir Starmer warned that Britain faces "unprecedented challenges" in a speech on Monday, 28 October, ahead of Labour's first Budget for 14 years.

The Independent UK

'Duped': Anas Sarwar pledges end of austerity – despite Budget of cuts and tax rises

THE Labour Government Budget “will end the era of austerity”, Anas Sarwar has claimed – on the same day as the Prime Minister warned that…

The National (Scotland)

Budget ‘most honest’ in years, Cabinet minister claims

Pat McFadden said Rachel Reeves’ first Budget will ‘end the fiscal fiction of things being announced which had no money set aside for them’.

Evening Standard

Budget 2024: Keir Starmer hit with growing row over billions in tax rises 'breaking' Labour manifesto

Cabinet minister Pat McFadden denies Labour ‘misled’ voters during the election campaign

Evening Standard

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The Guardian - UK

Lindsay Hoyle criticises chancellor Rachel Reeves for early disclosure of budget details – UK politics live

Speaker of the House of Commons says it is ‘evident’ Reeves made significant policy announcements in the media, rather than parliament

The Guardian - UK

Rachel Reeves’s first budget offers a chance to break out of the doom loop. Here’s how she should do it

It’s a tall order but Labour has a chance to improve people’s lives in both the short and long term, says economics and public policy professor Jonathan Portes

The Guardian - UK

Volkswagen to shut at least three German factories, union warns; Oil price falls 5% after Israel’s attack on Iran – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Reeves’s radical change to fiscal rules could go further – New Zealand shows how

Nation follows net worth rules which count liabilities such as debt but also assets, including land, roads, hospitals and schools

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The Guardian - UK

Pubs and restaurants warn of closures if taxes rise and business rates relief ends

Joint statement by lobby groups calls on chancellor to make Covid-era rates relief for hospitality permanent

The Guardian - UK

Reeves urged not to cut Sellafield funds amid concern at rise in ‘near misses’

GMB raises safety concerns amid rumours of budget cuts across sites and Nuclear Decommissioning Authority

The Guardian - UK

Creaking public services are costing companies in absent staff, employers tell TUC

Union group urges chancellor to better fund health, social care and childcare to get staff back to work and boost productivity

The National (Scotland)

George Kerevan: How a Trump win would undermine Rachel Reeves’s Budget game plan

HANG on to your economic hats. On Wednesday, Rachel Reeves will present her long-awaited Budget. Keir Starmer’s Labour Party will have to put up…

The Independent UK

Hunt accuses Budget watchdog of political bias

Jeremy Hunt accuses the Budget watchdog of failing to be impartial since the Labour Party came into office

The Independent UK

Rachel Reeves borrows George Osborne’s mantra in ‘strivers’ Budget

But Keir Starmer vows no return to austerity as he paves way for tax rises and spending cuts

Evening Standard

Keir Starmer gambles tens of billions more in tax and borrow Budget to invest in ‘new future’ for Britain

The Prime Minister warns the nation of the ‘harsh light of fiscal reality’

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